Market slump continues in Japan

A man walks past an electric quotation board flashing key indexes of the Tokyo Stock Exchange (TSE) in front of a securities company in Tokyo on February 4, 2014. Tokyo stocks fell 2.62 percent Tuesday morning after weak US manufacturing data sent Wall Street and the dollar tumbling, a decline that puts the Nikkei into correction territory after its huge rally last year. - TORU YAMANAKA/AFP/Getty Images

Today, the Hang Seng index in Hong Kong fell two point nine percent and Japan's Nikkei fell four point two percent. But it's not just Asian markets picking up a psychological cue from New York. The BBC's Duncan Bartlett has been watching this from Tokyo.

David Brancaccio is the host of American Public Media’s Marketplace Morning Report, now a regular segment on NPR’s Morning Edition. His reporting focuses on the future of the economy, financial and labor markets, technology, the environment and social enterprises.